In the Short-Run, If the Price Level Is Greater Than

question 55

Multiple Choice

In the short-run, if the price level is greater than the expected price level, then in the long run the aggregate:

• A) demand curve will shift leftward.
• B) demand curve will shift rightward.
• C) supply curve will shift upward.
• D) supply curve will shift downward.

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Definitions:

Flagella

Long, whip-like structures that protrude from the cell body of certain cells, used for movement.

Microtubules

Cylindrical structures in the cytoplasm of eukaryotic cells, involved in intracellular transport and cell shape maintenance.

Mitochondria

Organelles within cells responsible for producing energy through aerobic respiration, often referred to as the powerhouses of the cell.

Smooth ER

The smooth endoplasmic reticulum, a membrane-bound organelle involved in lipid synthesis, metabolism, and detoxification processes in cells.